Europe Commercial Drones Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 6.48 Billion |
| Market Size (2029) | USD 11.69 Billion |
| CAGR (2024 - 2029) | 12.54 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Commercial Drones Market Analysis
The Europe Drones Market size is estimated at USD 6.48 billion in 2024, and is expected to reach USD 11.69 billion by 2029, growing at a CAGR of 12.54% during the forecast period (2024-2029).
Drones have redefined and enhanced the productivity of numerous industries within a short period. The demand for the Europe commercial drone market is driven by the deployment of drones for various applications such as security monitoring, safety inspections, asset monitoring and surveillance, storm tracking, logistics, and broadly studying the environment by scanning remote areas. Several governments are allowing drone BVLOS operations in the commercial sector. This is expected to drive the growth of the commercial drone industry during the forecast period.
Additionally, the drone industry is subject to various regulations and restrictions imposed by various aviation authorities, including air space restrictions and privacy concerns that limit drone adoption. Protecting sensitive information and ensuring compliance with data protection regulations in various countries may hamper the growth of the drone analytics market.
However, the next generation of drones is envisioned to be powered by technologies such as artificial intelligence, as the technology helps analyze the captured loads of data on a real-time basis, opening a new world for looking over complex physical structures and analyzing the captured data for defects. For instance, automated UAVs can scan blades on wind turbines and, via onboard AI models, can detect defects and provide recommendations on the necessity and timescale of maintenance. The introduction of AI in drone analytics is envisioned to have a profound positive effect on the current capabilities of a drone. It would severely augment the potential applications of drones in several industries.
Europe Commercial Drones Market Trends
Construction Segment is Dominate Market Share During the Forecast Period
The proliferation of drones has revolutionized the operational processes in Europe's construction industry. Drones have been rapidly replacing traditional land-surveillance methods, as they significantly reduce labor and time to capture the necessary data while eliminating the scope of human error. Drones are being increasingly utilized to perform visual inspections of high-risk areas of a construction site. The efficiency of on-site communication and management is bolstered by the ability to collect real-time drone data. Drones also help engineers and surveyors inspect high-rise structures and visualize project progress through aerial shots. Drones also provide site managers with an overview of potential issues and facilitate critical decision-making to streamline operations at a construction site.
Drones have also gained popularity in the mining industry due to their excellent data collection capability, safety, and improved productivity. In August 2023, Field Group selected Alva Industries for the ATLUS X60 electric propulsion system to increase the safety and efficiency of infrastructure inspection due to the product’s exceptional performance, reliability, and long lifetime. Field Group placed a sizeable initial purchase for installing the systems on the UAV fleet. With the implementation of LiDAR or laser scanning sensor payloads, drones started providing detailed digital models of landscapes, vegetation, buildings, and other assets. These factors are anticipated to propel the segment's growth in the coming years.
European companies are developing drones with Lidar for various applications, including construction. For instance, in February 2024, Wingtra launched its latest LIDAR drone solution. This solution combines the efficiency of WingtraOne GEN II drones with a state-of-the-art LIDAR sensor engineered by Wingtra. As a result, users can now capture data in a simplified and repeatable manner. Furthermore, the LIDAR payload offers a comprehensive solution that can be employed throughout the entire project lifecycle, from the initial discovery phase to project implementation and ongoing infrastructure maintenance. Such developments are expected to drive the demand for the segment in the market during the forecast period.
United Kingdom to Witness Highest Growth During the Forecast Period
The UK has been one of the leading countries in developing and adopting drone technology for commercial use. According to a report by PwC, the UK drone industry could contribute up to USD 44 billion to the UK economy by 2030, creating over 600,000 jobs and saving USD 17 billion in costs across various sectors.
Several companies, such as Amazon Prime Air, Wing, Skyports Drone Services, and Manna, have been testing and piloting drone delivery services in the UK. These services aim to provide fast, convenient, and low-carbon delivery of goods, such as groceries, medicines, and parcels, to customers’ homes or designated locations. For instance, in October 2023, Amazon Air announced that it had launched ultra-fast drone deliveries in the UK and other major countries. Amazon customers in the UK will soon have the option to deliver their packages by drone beginning in late 2024. The company plans to use the MK 30 drone, which is quieter, smaller, and lighter than previous models.
Apart from drones used for logistics and deliveries, drones help farmers improve crop management and yield by providing data on soil health, plant growth, pest infestation, irrigation, and fertilization. Drones can also perform tasks such as spraying pesticides, seeding, and harvesting. For instance, in January 2023, Drone maker XAG announced that the United Kingdom’s Civil Aviation Authority (CAA) had given operational authorization to its agricultural spraying aircraft P40 and V40. The drone’s other possible applications include plant protection spraying, fertilizer spreading, and broadcast sowing.
Furthermore, various police forces in the UK routinely use drones equipped with high-definition cameras and night vision or thermal imaging capability to conduct multiple police activities. For instance, in September 2023, the government of the UK released a survey report on the usage of drones in law enforcement. It stated that various police forces in the UK use drones for applications such as monitoring significant incidents and events, traffic management, searches for missing people, monitoring crime scenes, and surveillance of suspects. Such developments and usage of drones in various applications are expected to support the growth of the drone market in the United Kingdom during the forecast period.
Europe Commercial Drones Industry Overview
The European drone market is fragmented, with several players accounting for significant shares. Some prominent companies in the European drone market are Azure Drones SAS, Parrot Drones SAS, Terra Drone, Onyx Scan Advanced LiDAR Systems, and AltiGator (Amphios s.r.l./b.v.a).
The companies are spending heavily on improving technology and introducing new drone features to support various commercial applications. For instance, in October 2023, ATV France announced that it has partnered with UrbanMatrix Technologies in India to address the frost problem by harnessing cutting-edge UAV solutions to mark a significant step towards intelligent farming. UrbanMatrix’s drones feature patent-pending Lithium-ion battery packs, proprietary NextOS, 4G technology, tamper-proofing module, and AI-powered data processing. Furthermore, with the ease in drone regulations, many companies are entering the drone industry in Europe, which is expected to increase the competition among the players further.
Europe Commercial Drones Market Leaders
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Terra Drone Corporation
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Parrot Drones SAS
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Onyx Scan Advanced LiDAR Systems
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Azure Drones SAS
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AltiGator (Amphios s.r.l./b.v.a)
*Disclaimer: Major Players sorted in no particular order
Europe Commercial Drones Market News
- November 2023: Bayer showcased its MagicScout Air drone-based solution to scout fields from the air efficiently. This solution will enable farmers to analyze crop emergence and weeds much faster compared to traditional, ground-based assessments using AI.
- November 2023: FlyingBasket launched its new heavy cargo drone, the FB3, for commercial applications. The drone can operate in different environments, lifting varied loads to the tops of buildings and transporting cargo for distances over 10km. It boasts an impressive 100-kilogram payload capacity. The company also successfully delivered cargo for the first shore-to-island and shore-to-ship deliveries.
Europe Commercial Drones Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Application
5.1.1 Construction
5.1.2 Agriculture
5.1.3 Energy
5.1.4 Law Enforcement
5.1.5 Entertainment
5.1.6 Other Applications
5.2 Geography
5.2.1 United Kingdom
5.2.2 France
5.2.3 Germany
5.2.4 Russia
5.2.5 Spain
5.2.6 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 AZUR DRONES SAS
6.2.2 Terra Drone Corporation
6.2.3 Parrot Drones SAS
6.2.4 Onyx Scan Advanced LiDAR Systems
6.2.5 AltiGator (Amphios s.r.l./b.v.a)
6.2.6 SZ DJI Technology Co., Ltd.
6.2.7 Flyability SA
6.2.8 DELAIR SAS
6.2.9 UAS Europe AB
6.2.10 CATUAV
6.2.11 Yuneec International Co. Ltd.
6.2.12 Aerialtronics DV B.V.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Commercial Drones Industry Segmentation
The market study of drones includes using unmanned aerial vehicles (UAVs) in civil and commercial applications.
The Europe drone market is segmented by application and geography. By application, the market is segmented into construction, agriculture, energy, entertainment, law enforcement, delivery, and other applications. The other applications segment includes using drones for recreational purposes, insurance (damage monitoring and estimation), aircraft/ship maintenance, journalism, reforestation, and wildlife conservation, among other things. The report also offers the market size and forecasts for five regional countries. For each segment, the market sizing and forecasts were made based on value (USD).
| Application | |
| Construction | |
| Agriculture | |
| Energy | |
| Law Enforcement | |
| Entertainment | |
| Other Applications |
| Geography | |
| United Kingdom | |
| France | |
| Germany | |
| Russia | |
| Spain | |
| Rest of Europe |
Europe Commercial Drones Market Research FAQs
How big is the Europe Commercial Drones Market?
The Europe Commercial Drones Market size is expected to reach USD 6.48 billion in 2024 and grow at a CAGR of 12.54% to reach USD 11.69 billion by 2029.
What is the current Europe Commercial Drones Market size?
In 2024, the Europe Commercial Drones Market size is expected to reach USD 6.48 billion.
Who are the key players in Europe Commercial Drones Market?
Terra Drone Corporation, Parrot Drones SAS, Onyx Scan Advanced LiDAR Systems, Azure Drones SAS and AltiGator (Amphios s.r.l./b.v.a) are the major companies operating in the Europe Commercial Drones Market.
What years does this Europe Commercial Drones Market cover, and what was the market size in 2023?
In 2023, the Europe Commercial Drones Market size was estimated at USD 5.67 billion. The report covers the Europe Commercial Drones Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Commercial Drones Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Commercial Drones Industry Report
Statistics for the 2024 Europe Drones market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Drones analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Europe Commercial Drones Market Report Snapshots
